Singapore Home Price Growth Accelerates as Demand Remains Strong

  • Values climbed 3.2% in first quarter, 12th period of gains
  • Home market is holding up despite rising interest rates
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Singapore home prices grew at a faster pace in the first quarter, signaling appetite for new properties remains high.

Property values climbed 3.2% from the previous three months, when they rose 0.4%, according to flash estimates released by the Urban Redevelopment Authority on Monday. That marked the 12th straight quarter of growth.